55 ILCS 5/ Counties Code.

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55 ILCS 5/6-3008

(55 ILCS 5/6-3008) (from Ch. 34, par. 6-3008)

Sec. 6-3008.

Tax levy.

The resolution authorizing the bonds
shall also provide for the levy and collection of a direct annual tax upon
all taxable property in the county sufficient to pay the principal of the
bonds at maturity, the interest on the bonds as it falls due, and the cost
of operations and maintenance of the facility.  Such tax shall not exceed
.07% of the value of the property as equalized or assessed by the
Department of Revenue, but shall not be subject to any other statutory
limitations relative to taxes which may be extended for county purposes,
and shall not be subject to the limitations provided in Section 5-1020.

(Source: P.A. 86-962.)

55 ILCS 5/6-3009

(55 ILCS 5/6-3009) (from Ch. 34, par. 6-3009)

Sec. 6-3009.

Execution and terms of bonds.

The bonds shall be
executed by such officials as may be provided in the resolution authorizing
the issue.  The bonds may be made registerable as to principal and may be made
callable on any interest payment date at par and accrued interest after notice
has been given at the time and in the manner provided in the resolution.  The
bonds shall remain valid even though one or more of the officers executing
the bonds ceases to hold office before the bonds are delivered.

(Source: P.A. 86-962.)

55 ILCS 5/6-3010

(55 ILCS 5/6-3010) (from Ch. 34, par. 6-3010)

Sec. 6-3010.

Sinking fund.

The resolution of the county board may
provide for the creation of a sinking fund to consist of the proceeds of
the taxes levied for the payment of the principal and interest upon these
bonds.  The fund shall be faithfully applied to the purchase or payment of
the bonds, and the interest thereon, issued pursuant to the provisions of
this Division.

(Source: P.A. 86-962.)

55 ILCS 5/6-3011

(55 ILCS 5/6-3011) (from Ch. 34, par. 6-3011)

Sec. 6-3011.

Sale of bonds.

The bonds shall be sold to the highest
and best bidder at not less than their par value and accrued interest.  The
county board shall advertise for proposals to purchase the bonds.  Such
advertisement shall be published at least once in a newspaper having
circulation within the county at least 10 days prior to the date for
opening the bids.  The county board may reserve the right to reject any and
all bids and to readvertise for bids.

(Source: P.A. 86-962.)

55 ILCS 5/6-3012

(55 ILCS 5/6-3012) (from Ch. 34, par. 6-3012)

Sec. 6-3012.

Petition for referendum.

If a petition is filed with the
county clerk not later than 30 days after the first publication or the
posting of the resolution, signed by voters of the county numbering 10%
or more of the registered voters in such county,
requesting an election to vote upon the proposition of issuing bonds for
the purpose of obtaining funds to construct a county jail and sheriff's
residence, the county clerk shall certify the proposition to the proper
election officials, who shall submit the proposition to the voters at an
election in accordance with the general election law.  The ballot shall be
substantially in the following form:

--------------------------------------------------------------
    Shall .... county issue bonds            YES
in the amount of .....  to construct   -----------------------
a county jail?                               NO
--------------------------------------------------------------

If a majority of the voters voting upon the aforesaid proposition vote in
favor of it, the bonds may be issued by such county, but if a majority of
the voters voting upon the proposition vote against the proposition, the
county may not issue bonds for the purpose of constructing a county jail
under the provisions of this Division.

(Source: P.A. 86-962; 87-767.)